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- Demand_shock abstract "In economics, a demand shock is a sudden event that increases or decreases demand for goods or services temporarily.A positive demand shock increases demand and a negative demand shock decreases demand. Prices of goods and services are affected in both cases. When demand for a good or service increases, its price typically increases because of a shift in the demand curve to the right. When demand decreases, its price typically decreases because of a shift in the demand curve to the left. Demand shocks can originate from changes in things such as tax rates, money supply, and government spending. For example, taxpayers owe the government less money after a tax cut, thereby freeing up more money available for personal spending. When the taxpayers use the money to purchase goods and services, their prices go up.In the midst of a poor economic situation in the United Kingdom in November 2002, the Bank of England's deputy governor, Mervyn King, warned that the domestic economy was sufficiently imbalanced that it ran the risk of causing a "large negative demand shock" in the near future. At the London School of Economics, he elaborated by saying, "Beneath the surface of overall stability in the UK economy lies a remarkable imbalance between a buoyant consumer and housing sector, on the one hand, and weak external demand on the other."During the global financial crisis of 2008, a negative demand shock in the United States economy was caused by several factors that included falling house prices, the subprime mortgage crisis, and lost household wealth, which led to a drop in consumer spending. To counter this negative demand shock, the Federal Reserve System lowered interest rates. Before the crisis occurred, the world's economy experienced a positive global supply shock. Immediately afterward, however, a positive global demand shock led to global overheating and rising inflationary pressures.".
- Demand_shock wikiPageID "20047721".
- Demand_shock wikiPageLength "2983".
- Demand_shock wikiPageOutDegree "23".
- Demand_shock wikiPageRevisionID "666803363".
- Demand_shock wikiPageWikiLink Bank_of_England.
- Demand_shock wikiPageWikiLink Category:Macroeconomics.
- Demand_shock wikiPageWikiLink Demand.
- Demand_shock wikiPageWikiLink Demand_curve.
- Demand_shock wikiPageWikiLink Deputy_Governor.
- Demand_shock wikiPageWikiLink Deputy_governor.
- Demand_shock wikiPageWikiLink Economics.
- Demand_shock wikiPageWikiLink Federal_Reserve_System.
- Demand_shock wikiPageWikiLink Financial_crisis_of_2007–08.
- Demand_shock wikiPageWikiLink Global_financial_crisis_of_2008.
- Demand_shock wikiPageWikiLink Good_(economics).
- Demand_shock wikiPageWikiLink Government_spending.
- Demand_shock wikiPageWikiLink Interest_rate.
- Demand_shock wikiPageWikiLink London_School_of_Economics.
- Demand_shock wikiPageWikiLink Mervyn_King,_Baron_King_of_Lothbury.
- Demand_shock wikiPageWikiLink Mervyn_King_(economist).
- Demand_shock wikiPageWikiLink Money.
- Demand_shock wikiPageWikiLink Money_supply.
- Demand_shock wikiPageWikiLink Price.
- Demand_shock wikiPageWikiLink Service_(economics).
- Demand_shock wikiPageWikiLink Shock_(economics).
- Demand_shock wikiPageWikiLink Subprime_mortgage_crisis.
- Demand_shock wikiPageWikiLink Supply_shock.
- Demand_shock wikiPageWikiLink Tax_rate.
- Demand_shock wikiPageWikiLink United_Kingdom.
- Demand_shock wikiPageWikiLinkText "Demand shock".
- Demand_shock wikiPageWikiLinkText "demand shock".
- Demand_shock wikiPageWikiLinkText "shocks".
- Demand_shock hasPhotoCollection Demand_shock.
- Demand_shock wikiPageUsesTemplate Template:Economics.
- Demand_shock wikiPageUsesTemplate Template:Economics_sidebar.
- Demand_shock wikiPageUsesTemplate Template:Reflist.
- Demand_shock subject Category:Macroeconomics.
- Demand_shock hypernym Event.
- Demand_shock type SportsEvent.
- Demand_shock comment "In economics, a demand shock is a sudden event that increases or decreases demand for goods or services temporarily.A positive demand shock increases demand and a negative demand shock decreases demand. Prices of goods and services are affected in both cases. When demand for a good or service increases, its price typically increases because of a shift in the demand curve to the right. When demand decreases, its price typically decreases because of a shift in the demand curve to the left.".
- Demand_shock label "Demand shock".
- Demand_shock sameAs Crisis_de_demanda.
- Demand_shock sameAs Choc_de_demande.
- Demand_shock sameAs 需要ショック.
- Demand_shock sameAs 수요충격.
- Demand_shock sameAs Vraagschok.
- Demand_shock sameAs m.04yf3g6.
- Demand_shock sameAs Q1974357.
- Demand_shock sameAs Q1974357.
- Demand_shock wasDerivedFrom Demand_shock?oldid=666803363.
- Demand_shock isPrimaryTopicOf Demand_shock.